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DHFL meets Ministry Of Corporate Affairs (MCA) top brass

DHFL meets Ministry Of Corporate Affairs (MCA) top brass

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  28 Jun 2019 7:38 AM GMT

New Delhi: Top NBFC DHFL management met Ministry Of Corporate Affairs (MCA) officials to brief them on the current situation of the firm where the NBFC is learnt to have informed them of the liquidity and payment schedules.

Official sources said the MCA officials on Wednesday were informed of the initiatives being taken by DHFL on this and that it was working with lenders to tide over liquidity crunch and repayment of dues.

DHFL had defaulted for a second time this month on payment of dues. It repaid Rs 150 crore of the outstanding Rs 375 crore earlier.

It told the offucuaks that the NBFC would clear the remaining CP Maturity Payment in a week.

The State Bank of India is the largest lender to DHFL at Rs 10,000 crore and the NBFC has also repaid about Rs 40,000 crore of its obligations since September 2018. (IANS)

Also Read: Dewan Housing Finance (DHFL) Ends 10% Higher Over Stake Sale Reports

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